A recent study by Consensys and HarrisX reveals that nearly half of U.S. voters support pro-crypto policies, with many willing to cross party lines to back candidates advocating for cryptocurrency. The survey highlights growing interest in the crypto sector, with 85% of respondents wanting presidential candidates to adopt a pro-crypto stance, signaling the increasing influence of digital assets in U.S. politics.
Voters Seek Pro-Crypto Leadership
The study found that 49% of U.S. voters prioritize a pro-crypto agenda, and 62% are open to voting for candidates from another party if they champion cryptocurrency-friendly policies. This underscores the bipartisan nature of the crypto issue, with voters placing significant weight on it ahead of future elections. The survey suggests that political parties embracing pro-crypto regulations could gain a competitive edge in the upcoming elections.
Biden Administration and Crypto Regulation
The survey also revealed a growing dissatisfaction with the current administration’s approach to crypto regulation. Forty-four percent of respondents believe that President Biden’s administration is not doing enough to support the industry. A clear majority (78%) said they would support candidates who prioritize protecting users from crypto-related scams, indicating a strong desire for regulation that fosters innovation while ensuring security for investors.
Joe Lubin, CEO and co-founder of Consensys and Ethereum, commented on the survey’s results: “There’s a misconception that the crypto sector opposes regulation, but that’s not true. At Consensys, we advocate for regulatory clarity to support the growth of technologies underpinning countless innovations. The results of this study show that crypto is a bipartisan issue, and voters want a clear pro-crypto stance.”
Voters’ View on Crypto Regulation and Leadership
When asked about regulatory bodies overseeing the crypto industry, 15% of respondents believe the Securities and Exchange Commission (SEC) is currently responsible, while only 4% pointed to the Commodity Futures Trading Commission (CFTC). Interestingly, 11% believe the U.S. Treasury Department is regulating the sector, while an equal percentage thinks the industry is self-regulating. However, 70% of voters said the SEC is best positioned to regulate crypto, closely followed by 67% who chose the CFTC.
Trump Leads in Crypto Savviness
When it comes to understanding crypto, former President Donald Trump leads with 53% of respondents believing he has the knowledge to set proper crypto policies. This puts him ahead of Vice President Kamala Harris (41%) and current President Joe Biden, who has the lowest score at 36%. These results indicate that Trump’s perceived crypto savviness could play a role in attracting pro-crypto voters in the next election.
What’s Your Take?
As the role of cryptocurrency in U.S. politics grows, pro-crypto policies are becoming a major deciding factor for voters. What do you think about the impact of crypto on upcoming elections? Share your thoughts in the comments below!
